The Middleby Corporation (MIDD)
| Market Cap | 5.10B -27.0% |
| Revenue (ttm) | 3.39B +22.8% |
| Net Income | -471.30M |
| EPS | -9.78 |
| Shares Out | 45.22M |
| PE Ratio | 17.01 |
| Forward PE | 15.52 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 350,489 |
| Open | 114.34 |
| Previous Close | 113.61 |
| Day's Range | 112.07 - 115.29 |
| 52-Week Range | 110.82 - 180.13 |
| Beta | 1.35 |
| Analysts | Buy |
| Price Target | 154.89 (+37.38%) |
| Earnings Date | Aug 11, 2026 |
About MIDD
The Middleby Corporation operates in the foodservice industry worldwide. The company develops and manufactures a line of solutions used in commercial foodservice and food processing. It offers conveyor, combi, convection, baking, proofing, deck, speed cooking, and hydrovection ovens; ranges, fryers, and rethermalizers; steam cooking, food warming, catering, induction, and countertop cooking equipment; heated cabinets, charbroilers, ventless cooking systems, kitchen ventilation, toasters, griddles, charcoal grills, professional mixers and refrig... [Read more]
Financial Performance
Financial StatementsAnalyst Summary
According to 11 analysts, the average rating for MIDD stock is "Buy." The 12-month stock price target is $154.89, which is an increase of 37.38% from the latest price.
News
Middleby price target lowered to $141 from $151 at JPMorgan
JPMorgan lowered the firm’s price target on Middleby (MIDD) to $141 from $151 and keeps a Neutral rating on the shares post the Q2 report. The firm says cost inflation,…
Middleby price target lowered to $157 from $165 at Canaccord
Canaccord lowered the firm’s price target on Middleby (MIDD) to $157 from $165 and keeps a Buy rating on the shares. The firm said Middleby significantly beat Q2 expectations and…
Middleby price target lowered to $160 from $205 at Oppenheimer
Oppenheimer analyst Ian Zaffino lowered the firm’s price target on Middleby (MIDD) to $160 from $205 and keeps an Outperform rating on the shares following quarterly results. The firm cites…
Middleby price target lowered to $145 from $149.62 at Seaport Research
Seaport Research lowered the firm’s price target on Middleby (MIDD) to $145 from $149.62 and keeps a Buy rating on the shares. The firm views Middleby as a “high quality…
Middleby price target lowered to $145 from $155 at Barclays
Barclays analyst Adam Seiden lowered the firm’s price target on Middleby (MIDD) to $145 from $155 and keeps an Overweight rating on the shares post the Q2 report. The company…
The Middleby Corporation Earnings Call Transcript: Q2 2026
Transformation completed with spin-off and sale of non-core businesses, focusing on commercial foodservice. Q2 saw 8.3% organic revenue growth and raised full-year guidance, though margin pressures from inflation and tariffs persist. Strong demand in chain and international channels continues.
The Middleby Corporation Earnings release: Q2 2026
The Middleby Corporation released its Q2 2026 earnings on August 11, 2026, summarizing the period's financial results.
The Middleby Corporation Slides: Q2 2026
The Middleby Corporation has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 11, 2026.
The Middleby Corporation Quarterly report: Q2 2026
The Middleby Corporation has published its Q2 2026 quarterly earnings report on August 11, 2026.
Middleby reports Q2 adjusted EPS $2.35, consensus $2.09
Reports Q2 revenue $875.5M, consensus $725M. Tim FitzGerald, CEO of the Middleby (MIDD) Corporation said, “The second quarter marked a transformational milestone for our company as we successfully com...
The Middleby Corporation Reports Second Quarter Results
ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD), a global leader in commercial foodservice solutions, today reported net earnings for the second quarter of 2026. Tim FitzGerald, ...
Middleby price target lowered to $165 from $200 at Canaccord
Canaccord lowered the firm’s price target on Middleby (MIDD) to $165 from $200 and keeps a Buy rating on the shares. The firm updated its model to adjust their estimates…
Middleby Schedules Second Quarter Earnings Release and Conference Call
ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD) will release 2026 second quarter earnings on Tuesday, August 11, 2026 at 7 a.m. Eastern Time. The company has scheduled a conferen...
Middleby price target lowered to $155 from $190 at Barclays
Barclays lowered the firm’s price target on Middleby (MIDD) to $155 from $190 and keeps an Overweight rating on the shares. The firm adjusted targets in the machinery and construction…
Middleby price target lowered to $152 from $190 at KeyBanc
KeyBanc lowered the firm’s price target on Middleby (MIDD) to $152 from $190 and keeps an Overweight rating on the shares. Middleby should benefit from becoming a focused leader in…
Middleby price target lowered to $151 from $185 at JPMorgan
JPMorgan lowered the firm’s price target on Middleby (MIDD) to $151 from $185 and keeps a Neutral rating on the shares. The firm adjusted targets in the machinery and waste…
Middleby price target lowered to $160 from $195 at Jefferies
Jefferies lowered the firm’s price target on Middleby (MIDD) to $160 from $195 and keeps a Buy rating on the shares. Middleby has completed the separation of its Food Processing…
Midera Food initiated with a Neutral at Baird
Baird initiated coverage of Midera Food (MFP) with a Neutral rating and $40 price target after the recent spin out of Middleby (MIDD) as a pure-play food processing equipment manufacturer…
Middleby completes spin-off of Midera Food Processing
The Middleby (MIDD) Corporation completed the previously announced spin-off of its Food Processing business, now operating as Midera Food (MFP) Processing. Shares of Midera common stock will begin tra...
Midera Food Processing Completes Spin-Off, Begins Trading Tomorrow as Independent, Public Company
Leading global pure-play food processing technology platform with proven total line solutions, 30+ established brands and a differentiated growth strategy Mark Salman, CEO, and seasoned management tea...
Middleby Completes Spin-off of Midera Food Processing
ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD) today announced that it has completed the previously announced spin-off of its Food Processing business, now operating as Midera F...
The Middleby Corporation Slides: Investor presentation
The Middleby Corporation has posted slides in relation to its latest quarterly earnings report, which was published on July 6, 2026.
Midera Food to replace Redwood Trust in S&P 600 at open on 7/8
Middleby (MIDD) is spinning off Midera Food Processing (MFP) in a transaction that is expected to close July 7. Redwood Trust (RWT) is no longer representative of the small cap…
Middleby announces Midera enters $1B credit agreement
The Middleby (MIDD) Corporation announced that in connection with the previously announced spin-off of its Food Processing business, Midera Food Processing, has entered into a five-year, $1B credit ag...
Middleby Announces that Midera Food Processing Enters into $1 Billion Credit Agreement
ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD) today announced that in connection with the previously announced spin-off of its Food Processing business, Midera Food Processing,...